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$ 750,000
Est. payment | /mo
2.22 Acres Lot
$ 750,000
Est. payment | /mo
2.22 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25101237
HOA Y/N No
Lot Size 2.220 Acres
Property Description
2.22 Acres in Central Hemet – for Very High-Density Residential. 50-UNIT Apartment Community Designed for Approval. An excellent development opportunity in the heart of Hemet, California. This 2.22-acre site, consisting of APNs 445-232-018 and 445-232-019, is designated Very High Density Residential under the City of Hemet's Land Use Plan. In coordination with the Community Development Department, the seller has already completed a preliminary design for a 50-unit apartment project. This design can be submitted directly to the city for approval, allowing the buyer to move forward quickly. This is a strong opportunity for investors and homebuilders to deliver the right-sized project that complements the surrounding community and offers solid potential for return on investment.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning R2
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 26-30 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 445232018
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry
Special Listing Condition Standard
Listed by Yuqing Wu Re/Max Premier Prop Arcadia 909-568-9479
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